Projections of your 2018 annual contribution to the Retirement System are now available through our online Employer Projections and Rates application. You will need a username and password to log in. Contact our Employer Billing Unit if you don’t have a username or password. Here are the 2018 ERS Rates and the 2018 PFRS Rates .
The invoice for your 2017 payment to the Retirement System will be available in early November. Remember, your payment will be due on February 1, 2017, but you have the option to prepay a discounted amount by December 15, 2016. Review your annual estimate to plan ahead.
The Governmental Accounting Standards Board (GASB) application has been updated for 2016 and is now available online. This application gives you access to the GASB-related pension information and assists you in complying with the GASB Statement No. 68 reporting requirements. For additional support, including frequently asked questions, links to resources and an email address for GASB No. 68 questions, please visit the GASB section of our website.
The legislation that created Tier 6 established variable contribution rates for members based on their annualized wage. This video will help you understand how rates are determined and your important role in the process.